Bilu is a homophone for Peru and refers to the new sol, the currency of Peru.

In 2015, the exchange rate between the Peruvian New Sol and the RMB was: 1 Peruvian New Sol = 1.9867 RMB.

So: 16,000 Peruvian New Sol = 31,787.2 RMB.

Since the exchange rates between currencies of various countries are constantly changing, it is recommended to search "Exchange rate between Peruvian New Sol and RMB" on Baidu to get the latest exchange rate.

The currency of Peru was originally the Sol, but a new currency, the Inti, was issued in 1985. In 1991, the Peruvian government approved the issuance of a new currency, replacing the Inti with the new Sol. 1 new Sol is equal to 1 million Indians.

Peru originally had seven denominations of banknotes: 5, 10, 50, 100, 200, 500, and 1,000 soles. Later, the 200 sole banknotes were withdrawn from circulation. In recent years, the Central Reserve Bank of Peru has issued new large-denomination banknotes of 5,000, 10,000, 50,000, and 100,000 soles. Thus, so far, there are only 10 denominations of banknotes in circulation on the market. The Peruvian currency is rounded up to 1 sole equal to 100 centavos.